Trading app Robinhood says it filed confidentially for IPO
Robinhood could be worth as much as $40 billion in an IPO, based on trading in the secondary market, according to Bloomberg.
Xero makes Swedish acquisition
New Zealand’s Xero has acquired a Swedish e-invoicing technology provider Tickstar for around SEK$150 million.
Swedish fintech Zaver raises $5M to bring cardless payments and BNPL to ‘durables’ sector
Swedish fintech Zaver, which enables merchants to accept cardless payments and offer buy-now-pay-later as an option, has raised $5 million in new funding.
Vancouver fintech Beanworks to be acquired for $105m
Another high-growth Vancouver tech company is set to be acquired — this time in a deal worth about $105 million. French enterprise services firm Quadient SA ADR revealed Monday it’s buying a 96% stake in B.C.’s Beanworks Solutions Inc. for what it describes as “slightly above” €70 million. The new parent company said “two key leaders” will retain a minority stake in Beanworks following the all-cash deal, although Quadient has an option of completely acquiring the Vancouver company in the coming years. Beanworks specializes in accounts payable software and was B.C.’s eighth-fastest growing company in 2020 with five-year revenue growth of 725%. Founded in 2012, it has a headcount of about […]
Revolut seeks to join U.S. Online Banking rush with new license
Revolut has asked U.S. regulators for a banking license in a effort to capture more of the country’s switch to online financial services.
Mambu first to market with Sharia-compliant SaaS banking platform
Mambu, the newly-minted fintech unicorn, today announced the highly anticipated launch of the Sharia-compliant version of its SaaS banking platform.
Digital Wallets are now the most popular payment method in the World
The big news this year was a surge in digital wallet spending, which became the most popular payment method for e-commerce and POS transactions.
Visa to enable Bitcoin purchases across its global payments network
Visa Inc has announced plans to enable cryptocurrency buying and spending on its global network.
